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Alpha: Phil Oakley's shares round-up 23 May

This week Phil runs his eye over the sustainability of some companies' business models and dividend policies.
May 23, 2019

Investors should always ask themselves about the sustainability of companies' business models and, if they're buying a share for income, whether the dividend policy is viable in the long term too. 

As usual, the companies in this week's round-up are a mixed bag, although a common theme is assessing how they can continue to operate in the future. Arguably, Marks & Spencer (MKS) is in terminal decline. Other companies, like utility firm SSE (SSE), that have always been sold to investors as income stocks may not be able to maintain generous payouts. There are, however, other companies with strategies that I am more positive about, including soft drinks manufacturer Britvic (BVIC) and building materials supplier Forterra (FORT). 

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